Most credit card issuers provide different categories of cards offering higher rewards on specific transactions based on the target consumer group’s spending habits. Fuel credit cards are aimed at those incurring huge expenses on fuel.
Sahil Arora, senior director, Paisabazaar.com, said, “Fuel credit cards offer fuel surcharge waiver, and higher cashbacks and reward points on fuel spends. However, as fuel cards are usually co-branded credit cards, the higher cashbacks and reward points are credited only on incurring fuel spends at select outlets of partner fuel brands.”